Daily Feed
Solana Co-Founder Sued by Ex-Wife Over Alleged Staking Reward Theft
Solana Co-Founder Faces Lawsuit Over Alleged Staking Reward Misappropriation Stephen Akridge, a co-founder of Solana, is embroiled in a lawsuit with his ex-wife, Elisa Rossi, who accuses him of misappropriating her staking rewards. This case highlights the personal and financial complexities within the crypto world. Lawsuit filed by Elisa Rossi against Stephen Akridge Alleged misappropriation […]
Read MoreOKX Delists XRP and LTC Futures: Market Impact and Investor Strategies
OKX to Delist XRP and LTC Expiry Futures: A Market Shake-Up – OKX delisting XRP and LTC futures – Impact on prices and market dynamics – Implications for investors and the crypto landscape OKX, a major player in the cryptocurrency exchange world, has decided to delist Ripple’s XRP and Litecoin (LTC) expiry futures effective December […]
Read MoreBitcoin Transactions Plummet to Yearly Low of 623,434 on Dec 26, 2024
Confirmed Bitcoin Payments Hit Yearly Low During Holiday Season On December 26, 2024, the number of confirmed Bitcoin transactions reached a yearly low of 623,434, reflecting a typical holiday season dip in activity. This followed a peak earlier in the month when Bitcoin hit an all-time high price of $108,000 and saw 857,000 transactions. Yearly […]
Read MoreBitcoin’s $15B Options Expiry: A Historic Event Shaping Crypto’s Future
Bitcoin’s Monumental $15 Billion Options Expiry: A Pivotal Moment for Crypto Brace yourselves, crypto enthusiasts! Bitcoin is about to face its biggest test yet with a monumental $15 billion options expiry looming tomorrow. This event, the largest in Bitcoin’s history, is set to shake the markets and could define the cryptocurrency’s trajectory into the new […]
Read MoreWIC Wuhan Summit: IPv6 and Blockchain Boost AI’s Future
WIC Wuhan Summit: IPv6 & Blockchain to Enhance AI Explosion The WIC Wuhan Summit, held in China from November 19-22, emphasized the integration of IPv6 and blockchain as vital for the rapid advancement of artificial intelligence (AI). Keynote speaker Latif Ladid highlighted these technologies’ role in mitigating AI risks like security vulnerabilities, privacy issues, and […]
Read MoreAfrica’s Blockchain Boom in 2024: Adoption Soars Amid Regulatory Challenges
Africa’s 2024 in Review: Adoption Unfazed, Regulatory Reckoning In 2024, Africa’s digital asset and blockchain sector didn’t just grow—it exploded into a vibrant ecosystem, showcasing the continent’s readiness to lead in the global financial revolution. This year marked a significant shift towards practical use cases, demonstrating that Africa isn’t just following the trend but setting […]
Read MoreAustrian Police Bust $1.3M Crypto Scam as Ledger Users Face Phishing Onslaught
Austrian Police Dismantle $1.3M Crypto Scam as Ledger Users Battle Phishing Threats In Vienna, Austrian law enforcement busted a sophisticated criminal network defrauding investors of over $1.2 million through a digital asset twist on the classic “Rip Deal” scam. Meanwhile, Ledger hardware wallet users are under siege from cunning phishing attempts, emphasizing the urgent need […]
Read MoreCHILLGUY Meme Coin’s 14% Price Drop Amid Plagiarism Allegations: A Crypto Market Turmoil
CHILLGUY Meme Coin Faces Plagiarism Controversy: A Market Shakeup In the unpredictable world of meme coins, CHILLGUY finds itself in hot water as plagiarism allegations have triggered a 14% price decline. The accusations claim that its artwork is a blatant rip-off of Thailand’s popular RELAXBOY character, sparking a heated debate in the crypto community. Creator […]
Read MoreCrypto Council CEO’s Twitter Hacked; SEC Shift Signals Potential Crypto Regulation Changes
In a bold reminder of the ongoing cybersecurity threats facing the crypto world, Sheila Warren, the outgoing CEO of the Crypto Council for Innovation, had her Twitter account hacked to promote the $SPELL token, a known scam. The Crypto Council rapidly responded by alerting followers and warning them against engaging with the fraudulent links. Sheila […]
Read MoreDo Kwon Extradited to U.S. Amid TerraUSD Collapse Fallout, Faces Accountability
The extradition of Do Kwon, the controversial figure behind the collapsed TerraUSD and Luna cryptocurrencies, to the United States marks a significant moment in the realm of cryptocurrency accountability. Montenegro’s decision to prioritize the U.S. extradition request over South Korea’s underscores the seriousness of Kwon’s alleged financial transgressions. Montenegro chooses to extradite Kwon to the […]
Read MoreKyrgyzstan’s Crypto Mining Tax Revenue Plummets 50% Due to Rising Energy Costs
Kyrgyzstan, once a magnet for crypto miners due to its cheap power, now faces a decline in mining tax revenue, which has tumbled by 50% to approximately $535,000 in 2024. This sharp downturn stems from soaring electricity costs and a dwindling mining sector, raising concerns about the nation’s energy policies and economic strategies. Kyrgyzstan’s crypto […]
Read MoreCardano Eyes Major Integrations with Ripple, Chainlink, and Bitcoin for Ecosystem Boost
Cardano’s Strategic Moves: Partnering with Ripple, Chainlink, and Bitcoin Charles Hoskinson, the founder of Cardano, recently revealed potential collaborations through a livestream, aiming to propel Cardano’s capabilities with Ripple, Chainlink, and Bitcoin. These partnerships are set to focus on enhancing privacy features, security protocols, and oracle services, promising a robust upgrade to Cardano’s ecosystem. Ripple: […]
Read MoreCambodia Embraces Stablecoins Amid Bitcoin and Ether Ban, Prioritizing Regulation Over Risk
Cambodia’s Cautious Dance with Crypto: Stablecoins Welcome, Bitcoin and Ether Banned Cambodia is cautiously venturing into the realm of cryptocurrency, allowing stablecoins under stringent conditions while maintaining a ban on Bitcoin and Ether. On December 27, 2023, the National Bank of Cambodia (NBC) issued a directive that reflects the country’s wariness about financial crime and […]
Read MoreBitwise Proposes Bitcoin ETF Focusing on Corporate Adoption and Holdings
Bitwise’s Bold ETF Proposal: A New Perspective on Corporate Bitcoin Adoption Bitwise Asset Management has made a strategic move by filing with the SEC to create a Bitcoin Standard Corporations ETF. This innovative financial product aims to focus on public companies with substantial Bitcoin holdings, specifically targeting those with at least 1,000 Bitcoin in their […]
Read MoreTether’s USDT Faces Uncertainty with EU MiCA Regulations Looming
Tether Faces Regulatory Challenges Under EU MiCA Regulation Uncertainty surrounds Tether’s USDT stablecoin as the European Union gears up to enforce its Markets in Crypto-Assets (MiCA) regulation by December 30, 2023. This uncertainty is causing ripples in the crypto markets. While Coinbase has already delisted USDT out of compliance concerns, other exchanges like Binance and […]
Read MorePhishing Alert: Fake Zoom Links Lead to Multi-Million Dollar Crypto Theft
Fake Zoom Links Open a Pandora’s Box of Cryptocurrency Theft A cunning phishing attack has pilfered millions in cryptocurrency from unsuspecting users, employing a deceptive ploy involving counterfeit Zoom links. Blockchain security firm SlowMist has exposed this sophisticated scam, revealing the tactics Russian-speaking hackers used to deploy malware disguised as Zoom meeting invites. Phishing attack […]
Read MoreAave and Lido Set DeFi Milestone: $170 Billion in Net Deposits Amid Challenges
DeFi Giants Aave and Lido Smash Records with $170 Billion in Net Deposits Hold onto your hats, crypto enthusiasts! Aave and Lido are smashing records with an astonishing $170 billion in net deposits. Their accomplishments highlight the vast potential of decentralized finance (DeFi) while also bringing forth significant challenges that lie ahead. Record-breaking deposits: Aave […]
Read MoreNokia Ventures into Cryptocurrency: A Shift for Tech Giants Toward Decentralized Finance
Nokia’s Bold Step into Cryptocurrency: A New Era for Tech Giants? Nokia, a historic name in mobile technology, is setting its sights on the burgeoning cryptocurrency sector. This strategic move could reflect a larger pattern where traditional tech companies are increasingly drawn to the opportunities—and challenges—presented by blockchain technology. Scalability demands Layer 1 & Layer […]
Read MoreAIArena: Decentralized AI Training Platform Takes on Tech Giants with Blockchain Innovation
Meet AIArena: The Decentralized AI Training Platform Challenging the Titans AI monopolization by tech giants is a pressing issue, but AIArena is here to change the game. This blockchain-based platform introduces a revolutionary approach to AI training, leveraging transparency and privacy to disrupt the status quo. AIArena decentralizes AI training, countering monopolization by large corporations. […]
Read MoreRussian Companies Turn to Bitcoin Amid Western Sanctions and Legislative Changes
Russian Companies Leverage Bitcoin to Side-Step Sanctions Amidst mounting Western sanctions, Russian companies are adopting Bitcoin and other cryptocurrencies for international trade. This pivot follows recent legislative shifts in Russia, which now permits an “experimental regime” of crypto payments for foreign transactions. Meanwhile, Ukraine is gearing up to counteract these maneuvers. Russian businesses adopt Bitcoin […]
Read MoreCrypto’s $3.6B Pig Butchering Scandal: Lessons and Losses in 2024
Pig Butchering Scams in 2024: A $3.6 Billion Crisis and Lessons Learned The term “pig butchering” doesn’t refer to farm life but rather a serious scam targeting crypto users. In 2024, this scheme resulted in losses exceeding $3.6 billion, with Ethereum being a prominent stage for these fraudulent activities. Pig butchering scams resulted in $3.6 […]
Read MoreShiba Inu’s Next Move: Shytoshi Kusama Teases TREAT Token Launch
Shytoshi Kusama Hints at New TREAT Token for the Shiba Inu Ecosystem Shytoshi Kusama, the lead developer behind the popular Shiba Inu cryptocurrency project, has recently hinted at the upcoming launch of the TREAT token. This new development is set to expand the Shiba Inu ecosystem, aiming to boost community engagement and introduce new utilities. […]
Read MoreEthiopia Harnesses Renewable Energy for Bitcoin Mining Amid Regulatory Hurdles
Ethiopia’s Bitcoin Mining Boom: Turning Green Energy into Digital Gold Amidst its picturesque landscapes and rich cultural heritage, Ethiopia is embarking on a digital transformation that could reshape its economic future. By harnessing its abundant renewable resources, particularly hydropower and geothermal energy, the country is rapidly becoming a hub for Bitcoin mining. This venture is […]
Read MoreIndia Set to Lead Global Crypto Regulation by 2025: Binance’s Bold Prediction
India’s Path to Leading Global Crypto Regulation As the global cryptocurrency landscape continues to evolve, Binance has projected that India will assume a leading role in global cryptocurrency regulation by 2025. This vision is underpinned by India’s proactive regulatory efforts to foster trust and encourage blockchain innovation. Noteworthy advancements, such as the approval of spot […]
Read More